News Archive
Pressure Technologies FY results seen 'slightly below' previous guidance
20th Sep 2024 10:08
(Sharecast News) - Specialist engineering group Pressure Technologies warned on Friday that its full-year performance was now expected to be "slightly below" previous guidance.
Read moreGovernment contractor ISG files for administration
20th Sep 2024 10:04
(Sharecast News) - Construction giant ISG has gone into administration, it emerged on Friday, putting thousands of jobs at risk.
Read moreAsia report: Markets rise as Japan, China central banks hold rates
20th Sep 2024 09:32
(Sharecast News) - Asian markets ended the trading week on a positive note, with Japan's Nikkei leading gains after a strong performance on Wall Street.
Read moreBridgepoint slumps as shareholders place 14.7m shares
20th Sep 2024 09:25
(Sharecast News) - Bridgepoint slid on Friday after a group of 103 current and former employees and some related entities sold 14.7m shares in a placing.
Read moreTandem Group inks exclusive UK distribution deal with VanMoof
20th Sep 2024 09:13
(Sharecast News) - Leisure and mobility equipment retailer Tandem Group said on Friday that it has entered into an agreement to be the exclusive distribution and sales partner for VanMoof in the UK.
Read moreUK grocers in a "good place" as retail sales pick up, says Shore Capital
20th Sep 2024 09:04
(Sharecast News) - Shore Capital says UK retailers have a reason to be "quite cheerful" after August's strong retail sales data on Friday, with listed supermarket companies likely to benefit from improving macro conditions.
Read moreJefferies downgrades Burberry, slashes price target
20th Sep 2024 08:51
(Sharecast News) - Jefferies downgraded Burberry on Friday to 'underperform' from 'hold' and slashed the price target to 490p from 800p as it took a look at European luxury brands.
Read moreThames Water starts cash talks as it battles to stay afloat
20th Sep 2024 08:44
(Sharecast News) - Crisis-struck Thames Water has started discussions with stakeholders about releasing more cash reserves, it was confirmed on Friday, as it battles to stay afloat.
Read moreDr Martens tumbles as IngreGrsy sells 70m shares in placing
20th Sep 2024 08:05
(Sharecast News) - Dr Martens tumbled on Friday after an unnamed investor sold around 70m shares in the iconic boot maker in a placing.
Read moreMercedes-Benz shares drop as China weakness prompts profit warning
20th Sep 2024 08:05
(Sharecast News) - Shares in Mercedes-Benz Group tanked on Friday after the German auto giant scaled back its full-year guidance due to ongoing struggles in the Chinese market.
Read moreEco Buildings receives preliminary order from Albanian customer
20th Sep 2024 08:03
(Sharecast News) - Modular housing company Eco Buildings Group has received a preliminary order of 5,000 square metres of walling from R&T Sh.p.K. for installation as a permanent perimeter wall around a residential tourist site in Albania.
Read moreEurope open: Shares slip as investor mull rate calls; Mercedes slumps
20th Sep 2024 07:57
(Sharecast News) - European shares opened lower as investors digested a raft of rate decisions from central banks across the globe, while automakers fell sharply after Mercedes-Benz cut profit margins again.
Read moreLondon open: Stocks in the red as consumer confidence slides, retail sales beat
20th Sep 2024 07:50
(Sharecast News) - London stocks fell in early trade on Friday as investors mulled a slide in consumer confidence but better-than-expected retail sales data.
Read moreSummer weather helps retail sales surge
20th Sep 2024 07:48
(Sharecast News) - Retail sales hit their highest level in more than two years in August, official data showed on Friday, beating expectations.
Read moreLondon pre-open: Stocks to fall as investors mull retail sales, consumer confidence
20th Sep 2024 07:24
(Sharecast News) - London stocks were set to drop at the open on Friday following solid gains a day earlier, as investors mulled a slide in consumer confidence but better-than-expected retail sales data.
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